Understanding Entrepreneurship and Intrapreneurship

Entrepreneurship and intrapreneurship, while often used interchangeably, embody different philosophies within the realm of business. Entrepreneurship focuses on starting a new company or venture, while intrapreneurship emphasizes innovation and transformation from within an existing organization. This distinction is vital for understanding how businesses evolve and adapt to challenges in the market, driven by the creativity and initiative of their employees. This nuanced comprehension informs us about how diverse leadership styles and innovative practices can either disrupt or enhance business operations from within.

Elizabeth Funk:

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